November 20, 2009

The October Market Wrap Up

Let’s take at look at some October numbers for single-family houses and condos in the Chicago area and see how they compare to last year.

Cook County

  • 52,837 properties were for sale, down from 63,537 in October 2008
  • 8,632 new listings came on the market, down from 9,687 in October 2008
  • 4,131 properties sold, up from 3,174 in October 2008
  • The average sales price for single-family homes was $242,189, down from $288,715 in October 2008

DuPage County

  • 10,602 properties were for sale, down from 12,312 in October 2008
  • 1,602 new listings came on the market, down from 1,727 in October 2008
  • 827 properties sold, up from 618 in October 2008
  • The average sales price for single-family homes was $338,629, down from $396,839 in October 2008

Lake County

  • 9,499 properties were for sale, down from 10,518 in October 2008
  • 1,349 new listings came on the market, up from 1,326 in October 2008
  • 607 properties sold, up from 479 in October 2008
  • The average sales price for single-family homes was $307,468, down from $329,969 in October 2008

We pulled these numbers from MRED.

Dig Deeper Into the Trends

These numbers are for county-level trends. To see what’s happening in your neighborhood, check out our stats & trends pages.


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